---
title: "Azad Engineering Ltd (AZAD) — Share Price, Financials & Analysis"
symbol: "AZAD"
company: "Azad Engineering Ltd"
canonical: "https://tapetide.com/stocks/AZAD"
isin: "INE02IJ01035"
nse_symbol: "AZAD"
bse_code: "544061"
sector: "Capital Goods"
industry: "Electrical Equipment"
market_cap_cr: 17553.96
generated_at: "2026-09-13T18:26:42.038Z"
---

# Azad Engineering Ltd (AZAD)

Canonical page: https://tapetide.com/stocks/AZAD

## Company

- **NSE Symbol:** AZAD
- **BSE Code:** 544061
- **ISIN:** INE02IJ01035
- **Sector:** Capital Goods
- **Industry:** Electrical Equipment
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-12-28
- **CEO:** Mr. Rakesh Chopdar
- **Employees:** 1441
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** azad.in

## About

Incorporated in 1983, Azad Engineering Limited is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas industries.[1]

## Latest Price

- **Price:** ₹2849.1
- **Change:** +75.6 (+2.73%)
- **Open:** ₹2744
- **Day High:** ₹2864
- **Day Low:** ₹2677.8
- **Previous Close:** ₹2773.5
- **Volume:** 454037
- **As Of:** 2026-09-11T10:29:55+00:00

## Key Fundamentals

Observed at 2026-09-11T04:35:10.423894Z.

- **Market Cap:** ₹17553.96 Cr
- **Classification:** Smallcap
- **P/E (reported):** 128.6
- **P/E (TTM):** 132.39
- **EPS (TTM):** ₹21.52
- **EPS (reported):** ₹11.55
- **Book Value:** ₹236.74
- **Price to Book:** 11.71
- **Dividend Yield:** 0%
- **ROE:** 6.21%
- **ROCE:** 8.73%
- **Debt to Equity:** 0.31
- **Revenue (yearly):** ₹602.98 Cr
- **Net Income:** ₹155.34 Cr
- **EBITDA:** ₹225.32 Cr
- **52-Week High:** ₹2986.6
- **52-Week Low:** ₹1360
- **RSI (14):** 55.08

## Tapetide Score

- **Score:** 38 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 10.2 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 53.68 | 9% |
| growth | 73.34 | 9% |
| momentum | 91.13 | 12% |
| ownership | 18.32 | 24% |
| quality | 42.26 | 22% |
| valuation | 10.28 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 63.1% CAGR over last 5 years

### Weaknesses

- Stock is trading at 12.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.49% over last 3 years.
- Company has high debtors of 189 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 872.23% | 625.66% | — |
| ebitda margin growth | -12.84% | -5.42% | -12.84% | 3.21% |
| net income growth | -4.35% | 79.58% | 150% | 63% |
| revenue growth | -1.07% | 28.87% | 34% | 37% |
| roce | -19.33% | -52.35% | -41.25% | 15.58% |
| roe | -4.48% | -31.61% | 6.48% | -50.91% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 83 | 89 | 93 | 98 | 112 | 120 | 127 | 137 | 146 | 159 | 162 | 173 |
| Expenses | 57 | 56 | 61 | 65 | 72 | 78 | 81 | 88 | 93 | 96 | 100 | 108 |
| Operating Profit | 26 | 33 | 31 | 33 | 40 | 43 | 46 | 49 | 53 | 62 | 61 | 64 |
| OPM % | 32 | 37 | 34 | 34 | 36 | 36 | 36 | 36 | 36 | 39 | 38 | 37 |
| Other Income | 11 | 18 | 3 | 1 | 2 | 5 | 3 | 9 | 12 | 8 | 17 | 4 |
| Interest | 12 | 19 | 6 | 3 | 5 | 6 | 4 | 6 | 7 | 8 | 10 | 10 |
| Depreciation | 5 | 5 | 5 | 6 | 7 | 7 | 9 | 10 | 12 | 14 | 17 | 19 |
| Profit before tax | 20 | 27 | 23 | 24 | 30 | 34 | 36 | 42 | 46 | 48 | 51 | 39 |
| Tax % | 3 | 37 | 34 | 30 | 30 | 30 | 31 | 30 | 30 | 27 | 28 | 10 |
| Net Profit | 19 | 17 | 15 | 17 | 21 | 24 | 25 | 29 | 33 | 35 | 37 | 35 |
| EPS in Rs | 3.92 | 2.84 | 2.53 | 2.9 | 3.55 | 4.05 | 3.91 | 4.6 | 5.07 | 5.34 | 5.57 | 5.54 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 123 | 194 | 252 | 341 | 457 | 603 | 638 |
| Expenses | 95 | 132 | 179 | 224 | 296 | 378 | 398 |
| Operating Profit | 28 | 62 | 72 | 117 | 161 | 225 | 240 |
| OPM % | 23 | 32 | 29 | 34 | 35 | 37 | 38 |
| Other Income | 2 | 5 | 10 | 32 | 11 | 46 | 41 |
| Interest | 5 | 14 | 52 | 47 | 18 | 31 | 35 |
| Depreciation | 9 | 13 | 17 | 21 | 29 | 53 | 61 |
| Profit before tax | 16 | 40 | 13 | 81 | 124 | 187 | 184 |
| Tax % | 29 | 27 | 36 | 27 | 30 | 29 | — |
| Net Profit | 12 | 29 | 8 | 59 | 87 | 134 | 139 |
| EPS in Rs | 76 | 194.69 | 51.28 | 9.91 | 13.52 | 20.58 | 21.52 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 2 | 2 | 12 | 13 | 13 |
| Reserves | 89 | 118 | 202 | 633 | 1381 | 1516 |
| Borrowings | 88 | 197 | 301 | 39 | 263 | 474 |
| Other Liabilities | 77 | 87 | 85 | 113 | 204 | 197 |
| Total Liabilities | 256 | 404 | 589 | 797 | 1861 | 2200 |
| Fixed Assets | 121 | 144 | 217 | 257 | 436 | 779 |
| CWIP | 0 | 24 | 38 | 45 | 80 | 257 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 135 | 236 | 335 | 494 | 1345 | 1164 |
| Total Assets | 256 | 404 | 589 | 797 | 1861 | 2200 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5 | 21 | -10 | -7 | 54 | -119 |
| Cash from Investing Activity | -35 | -114 | -101 | -55 | -918 | -71 |
| Cash from Financing Activity | 24 | 96 | 126 | 71 | 877 | 174 |
| Net Cash Flow | -6 | 3 | 15 | 9 | 13 | -16 |
| Free Cash Flow | -16 | -96 | -94 | -78 | -240 | -691 |
| CFO/OP | 43 | 41 | -1 | 7 | 44 | -31 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 156 | 140 | 172 | 182 | 178 | 189 |
| Inventory Days | 906 | 1009 | 1042 | 1055 | 1085 | 2067 |
| Days Payable | 986 | 748 | 576 | 396 | 459 | 536 |
| Cash Conversion Cycle | 77 | 401 | 638 | 840 | 804 | 1720 |
| Working Capital Days | -11 | 4 | 120 | 283 | 215 | 304 |
| ROCE % | — | 22 | 16 | 21 | 12 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 86.51% | 65.9% | 65.9% | 65.9% | 65.9% | 65.9% | 60.32% | 55.42% | 55.42% | 55.84% | 55.84% | 55.84% |
| FIIs | 0% | 4.68% | 6.98% | 9.68% | 9.74% | 9.98% | 14.23% | 16.15% | 15.76% | 15.33% | 14.75% | 13.3% |
| DIIs | 0% | 5.67% | 5% | 3.43% | 5.74% | 6.56% | 8.24% | 8.91% | 9.84% | 10.74% | 11.71% | 10.32% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 19.3% | 17.82% | 16.8% | 15.66% | 14.81% | 14.74% | 16.16% | 15.47% | 14.64% | 14.36% | 16.7% |
| Others | 13.49% | 4.45% | 4.3% | 4.18% | 2.96% | 2.75% | 2.47% | 3.36% | 3.51% | 3.45% | 3.34% | 3.83% |
| No. of Shareholders | 64 | 181378 | 106231 | 102445 | 128846 | 117613 | 124139 | 127692 | 127716 | 125118 | 126786 | 133221 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2815.38 | Buy |
| EMA (10) | 2810.58 | Buy |
| SMA (20) | 2821.23 | Buy |
| EMA (20) | 2767.66 | Buy |
| SMA (50) | 2571.54 | Buy |
| EMA (50) | 2590.44 | Buy |
| SMA (100) | 2338.12 | Buy |
| EMA (100) | 2367.16 | Buy |
| SMA (200) | 1969.84 | Buy |
| EMA (200) | 2109.41 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 60.39 | Neutral |
| MACD (12,26,9) | 73.21 | Sell |
| Stochastic (14,3,3) | 39.61 | Neutral |
| ADX (14) | 27.99 | Buy |
| Williams %R (14) | -35.21 | Neutral |
| ATR (14) | 106.51 | High Volatility |
| ROC (12) | 0.84 | Buy |
| Stoch RSI (14) | 44.36 | Neutral |
| UO (7,14,28) | 51.55 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 5 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 5 analyst ratings, observed at 2026-09-11T04:35:13.163584+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7770e40d-ab53-4b08-a407-d0c203901634.pdf) |
| 2026-09-07 | [Notice Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af47f600-8548-4c9f-9f4b-64e5c06853a1.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c0edba7-5073-4bcd-808e-64dee477b299.pdf) |
| 2026-09-07 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ee83e1e-e798-45b9-9704-aca0a9c82e70.pdf) |
| 2026-09-07 | [Letter To Shareholders - Annual Report FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80a1a2b1-25b2-428a-80b7-1a0454914ae8.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82d8f14e-58da-406c-8f83-f9d7f01bd6ce.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa08310b-8c13-42f2-b782-cf4a202bc962.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbd1c74f-0460-4111-88bf-53d4ca06ba7c.pdf) |
| 2026-08-07 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfb09e3f-2a52-4936-886d-7b1c0d745df2.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bce4ea31-b200-4d52-a3c1-d8d37f32df6a.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c595c5f6-1b54-40da-96cf-e395cb5ee8ad.pdf) |
| 2026-05-22 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=521d7519-2127-4c75-a971-addf6e4d3566.pdf) |
| 2026-02-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27924b98-f9e8-4bff-ac00-bf3063bf8ce1.pdf) |
| 2025-11-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fcb4082e-2fba-41a0-8669-eddeeec5044f.pdf) |
| 2025-08-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68261fc2-0a9e-43fc-be1c-055f48f3d5f8.pdf) |
| 2025-05-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eacb78f7-7069-45e1-b756-106a16df200d.pdf) |
| 2024-11-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00d939dc-11ae-4981-807c-f24b30c19c03.pdf) |
| 2024-08-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a37704d3-6bea-4577-9be7-1b1ebed5a63a.pdf) |
| 2024-05-29 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a9d4579-3b55-4f9b-8778-c5adfe560e13.pdf) |
| 2024-02-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4af39d06-867c-47aa-8853-8d19d2b59803.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e29e08ab-888d-42a2-9fe1-d8b3f058c43b.pdf) |
| 2026-05-16 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a61dfeed-18c0-45e9-a508-2d81df30069f.pdf) |
| 2025-11-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d64cb78-b65b-4680-9997-d993ecb2008f.pdf) |
| 2025-05-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73d97917-77d9-4b6e-af89-61e59948a145.pdf) |
| 2024-08-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b99cd854-f544-4517-94ca-155544736c19.pdf) |
| 2024-05-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea6399a8-3b93-409b-b43e-2c2b2a92c609.pdf) |
| 2024-02-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c2422fa5-a638-417d-a25a-4457f145f827.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-07 | [Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=adef773d-0d87-47ff-a9cd-3da3f77689d7.pdf) |
| 2026-05-15 | [Audited Financial Results For The Quarter And Financial Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27fb26a6-fc00-458a-8ab7-67e9372c9c75.pdf) |
| 2026-02-13 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ba67cc4-6d12-4d71-8ece-73de6659e87d.pdf) |
| 2025-11-01 | [Financial Results As On September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7d4ab63-d183-48c2-a7b4-70022a282d27.pdf) |
| 2025-08-04 | [Outcome Of The 03/2025-2026 Board Meeting Held On August 04 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=718e2694-e6f4-4bf5-bb9d-635e3ed12352.pdf) |
| 2025-05-23 | [Outcome Of The 02/2025-2026 Board Meeting Held On May 23 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5dd85eb1-08ee-4021-8d34-2109e57f8014.pdf) |
| 2025-02-04 | [Outcome Of The 08/2024-25 Board Meeting Held On February 04 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0eaf5cb2-63f9-474a-b54b-2401c66eca6d.pdf) |
| 2024-11-11 | [Outcome Of The 04/2024-25 Board Meeting Held On November 11, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03f83fef-7eba-4876-858e-b0880e969ecf.pdf) |
| 2024-08-08 | [Outcome Of The 02/2024-25 Board Meeting Held On August 08, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c867086-8d62-4646-a665-42e386b7bf6b.pdf) |
| 2024-05-21 | [Outcome Of The 01/2024-25 Board Meeting Held On 21St May, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab1f708e-a50b-471d-9dcb-b96ea8d35752.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=999d22fd-f306-4125-96a1-4a90bc3d7f77.pdf) |
| 2026-05-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c506fb7-1560-43d9-80fb-9e3b58690301.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e0fc94c1-fb73-4e52-8e99-63afa38c7fcd.pdf) |
| 2025-11-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0017262-c9ab-4919-ac18-c8fbdab872b0.pdf) |
| 2025-08-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e6589e1-3c8a-450d-a279-acfcaf13b7a3.pdf) |
| 2025-05-23 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad9e561b-f8ba-42c5-92bb-a852529bebc9.pdf) |
| 2025-02-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e4c7df6-b7a9-4b2b-9a2f-f2a3106f5247.pdf) |
| 2025-02-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecdce211-ee09-4f18-ae47-c9965c04f54c.pdf) |
| 2024-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09e7e870-3319-4a13-b81b-59686c4a1e1d.pdf) |
| 2024-08-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1cdf2e9d-8644-4666-b0e7-65587c8708ab.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Mar - The officials of the Company will be attending the meeting with Investors/Analysts (Participants) on 13th March 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Mar - The officials of the Company will be attending the meeting with Investors/Analysts (Participants) on 13th March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b86767a9-0b88-4fad-8b8c-0d066b541a9a.pdf) |
| 2d - Board meeting on May 15, 2026 to approve audited Q4 and FY26 financial results; trading window closed till May 17. | [Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended 31St March, 2026 2d - Board meeting on May 15, 2026 to approve audited Q4 and FY26 financial results; trading window closed till May 17.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c190f5d6-ea7f-496f-b47e-adb5b052c630.pdf) |
| 26 Mar - Signed 8-year LTCPA as single-source supplier to Mitsubishi Heavy Industries for hot-section nozzle vane segments. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 26 Mar - Signed 8-year LTCPA as single-source supplier to Mitsubishi Heavy Industries for hot-section nozzle vane segments.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/512be139-574e-4c41-978b-55f0af47b126.pdf) |
| 25 Mar - GST penalty orders totaling INR 11,48,862 (INR 10,38,280 and INR 1,10,582) dated 24 Mar 2025. | [Receipt Of Communications Dated 24Th March 2026, Wherein Orders Have Been Passed Imposing Penalty Under CGST/SGST Act, 2017 And Corresponding Provisions Of IGST Act, 2017 (GST Act) 25 Mar - GST penalty orders totaling INR 11,48,862 (INR 10,38,280 and INR 1,10,582) dated 24 Mar 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0071baba-fdb0-4183-bd32-8cbf20cf4b17.pdf) |
| 23 Apr - Azad Engineering inaugurated a 7,600 sq. m. Baker Hughes facility in Hyderabad on 23 April 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 23 Apr - Azad Engineering inaugurated a 7,600 sq. m. Baker Hughes facility in Hyderabad on 23 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38df6b50-6841-4341-a04c-0c2bee4dd31c.pdf) |
| 23 Apr - Azad Engineering amended supply agreement with Baker Hughes, extending critical turbomachinery component supply through December 2030. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 23 Apr - Azad Engineering amended supply agreement with Baker Hughes, extending critical turbomachinery component supply through December 2030.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49350ad6-2e9e-4ec6-9ca3-8b44987fb51b.pdf) |
| 20 Feb - Transcript of Earnings Call held on February 14, 2026 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 20 Feb - Transcript of Earnings Call held on February 14, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/27924b98-f9e8-4bff-ac00-bf3063bf8ce1.pdf) |
| 14 Feb - Monitoring report for ₹700.00 crore QIP; ₹493.66 crore used, ₹206.34 crore unutilized (Dec 31, 2025). | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 Feb - Monitoring report for ₹700.00 crore QIP; ₹493.66 crore used, ₹206.34 crore unutilized (Dec 31, 2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f10e5c9-32a0-41be-8013-445528eab225.pdf) |
| 14 Feb - Care Ratings report on QIP proceeds utilization for quarter ended Dec 31, 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 Feb - Care Ratings report on QIP proceeds utilization for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1f4f94e-75fd-4dbf-8138-0ca5fcdeb03e.pdf) |
| 14 Feb - CARE monitoring report: ₹700 crore QIP; ₹493.66 crore utilized, ₹206.34 crore unutilized as of Dec 31, 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 Feb - CARE monitoring report: ₹700 crore QIP; ₹493.66 crore utilized, ₹206.34 crore unutilized as of Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9811b1ad-1c9c-4b33-b812-155a7c537773.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fcb4082e-2fba-41a0-8669-eddeeec5044f.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00d939dc-11ae-4981-807c-f24b30c19c03.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/521d7519-2127-4c75-a971-addf6e4d3566.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/521d7519-2127-4c75-a971-addf6e4d3566.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c506fb7-1560-43d9-80fb-9e3b58690301.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0c506fb7-1560-43d9-80fb-9e3b58690301.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eacb78f7-7069-45e1-b756-106a16df200d.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a9d4579-3b55-4f9b-8778-c5adfe560e13.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecdce211-ee09-4f18-ae47-c9965c04f54c.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e4c7df6-b7a9-4b2b-9a2f-f2a3106f5247.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68cf46ed-84f7-4b8d-8917-7c2f9a5cdcb7.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f527ae6b-b03f-4358-900e-77b0f32113b7.pdf) |

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